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Primoris Services Corp PRIM

NYSE · stock · Water, Sewer, Pipeline, Comm & Power Line Construction · website · IPO 2006-10-04 · LEI

Primoris Services Corp statistics & valuation

P / E18.4×
P / S0.7×
P / B3.0×
P / FCF14.8×
Net margin3.6%
FCF margin4.5%
Net cash$65.6M
Net debt / EBITDA-0.1×
Enterprise value USD$5.0B
EV / EBITDA9.9×
Earnings yield EBIT/EV8.3%
Return on capital16.1%
Graham number -27.7%$58.86

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($58.86); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.30% 3.00% 2.60% 2.70% 3.00% 3.30% 3.00% 2.20% 2.80% 3.60% 2016201720182019202020212022202320242025
Gross margin (%)
10.10% 11.70% 11.10% 10.70% 10.60% 11.90% 10.30% 10.30% 11.00% 10.70% 2016201720182019202020212022202320242025
Operating margin (%)
2.90% 4.50% 4.40% 4.50% 4.70% 4.90% 4.40% 4.40% 5.00% 5.40% 2016201720182019202020212022202320242025
Return on equity (%)
5.40% 12.90% 12.80% 13.10% 14.70% 11.70% 12.00% 10.20% 12.80% 16.40% 2016201720182019202020212022202320242025
Shares outstanding
52.0M 51.7M 51.7M 51.1M 48.6M 53.2M 53.8M 54.2M 54.6M 54.8M 2016201720182019202020212022202320242025
Net debt ($)
$125.5M $88.4M $217.1M $231.0M -$10.2M $460.9M $894.8M $740.5M $279.0M -$65.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.30% 5.80% 4.90% 4.50% 5.30% 4.60% 3.80% 3.30% 4.30% 6.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
0.20% 4.60% 0.60% 0.80% 7.10% -1.50% -0.30% 1.70% 6.00% 4.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.52× 0.46× 0.61× 0.56× 0.44× 0.67× 1.03× 0.78× 0.52× 0.28× 2016201720182019202020212022202320242025
EPS ($)
$0.51 $1.40 $1.50 $1.61 $2.16 $2.17 $2.47 $2.33 $3.31 $5.02 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Primoris Services Corp trades at about 16.2× earnings — above its 10-year norm (10-year range 10.8×–48.7×, median 14.1×).

10.8× 48.7×

Shaded band = 10-year range (10.8×–48.7×); dot = today's 16.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin10.7%11.0%10.3%10.3%11.9%10.6%10.7%11.1%11.7%10.1%
Operating margin5.4%5.0%4.4%4.4%4.9%4.7%4.5%4.4%4.5%2.9%
Net margin3.6%2.8%2.2%3.0%3.3%3.0%2.7%2.6%3.0%1.3%
FCF margin4.5%6.0%1.7%-0.3%-1.5%7.1%0.8%0.6%4.6%0.2%
Return on assets6.2%4.3%3.3%3.8%4.6%5.3%4.5%4.9%5.8%2.3%
Return on equity16.4%12.8%10.2%12.0%11.7%14.7%13.1%12.8%12.9%5.4%
Debt / equity0.28×0.52×0.78×1.03×0.67×0.44×0.56×0.61×0.46×0.52×
Current ratio1.261.291.411.501.561.461.361.491.631.62

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.